Cory Diary : Performance Oct'19

Oei ! Too early lah. Still got a week leh. What's the hurry uncle ?

Next week uncle no feel good leh. Don't be so rigid can ? ( Uncle Cory cheated the time to report good result cannot meh....  )

Seriously why today ? ... All Time High ( ATH ) lah. Next week not sure can maintain or not. I don't want to miss the mountain ... so report first. Shiok right. Lucky Cory Portfolio is not listed else sure kenna ....

Why Cory worry  ? Let's look at STI first ....

STI Long Term Bull, Short Term Dunno !

Based on CoryLogics, STI approaching a resistance after bouncing off from multi-year support as expected else it will be major correction at minimum.  See link on last reasoning in Aug. i think which is basically a broad strategy this year on STI Performance in earlier articles as well. And well I am comfortable to have large stake in STI Index as a buffer for Reits profitability protection.

Finally cleared Facebook. Portfolio now all Singapore team. YTD Cory Xirr 19.1%. (updated for privacy). If we remove Bonds/Preference holdings, Portfolio would have been 23.1%. STI Index 3.81% (excluding dividend).

What's next ? Lack of ideas now. Thinking how should I further protect my profits but need to stay vested for rest of year and ensuring enough dividends for next year. So many asks. So little ideas.

On top of this I have different ideas coming up for next year.

1. Re-Balance some part of my portfolio to lower cost fees
2. Holding back purchases maybe to later part of next year
3. Key deliberation on Bank Stocks, Bonds and Preference Shares Strategy



Cory
2019-1025

Cory Diary : Telegram Craze

Have been trying out new channel of investment sharing. As above is called Telegram. For what it matters, it functions similar like an apps chat hosted by Telegram. You will need mobile number to register.

The advantage therefore we can have hundreds of people in the chat group. There are many different groups for different interests. Manage to get myself into a few Singapore investment groups. I have seen Foods, Jobs, .... but don't get yourself into trouble like Nasi Lemak Group which were in the News recently for spreading pornographic materials. For the political savvy, there is one by our Prime Minister Lee Hsien Loong.

To join the private group they require "link" invitation but you can try search to get the public ones using keyword of interests. Ping me if you need specific investment groups for invites. There is a few SG Reits groups which are more align to my interests. However, there are others for knowledge.

Telegram Chat certainly moves faster than the traditional media channels that I am in use. And there is more responsive helps from others. The Apps is much lighter therefore faster to read, share, stored and communicate.

Few things in the news recently. Reits Reporting season. CMT DPU up 4.8% YoY Cheers, another strong quarter.  Keppel shares limited acquisition by Temasek, cheers because I have it in STI Index  .... . And one not so good which is Aims Apac Reit secondary listing which cause the share price to drop and hovers around $1.38.


Cory

2019-01021

Cory Diary : Asset Allocation Review 2019-1014

A month past since I last reviewed my asset allocation. Time really flies.  YTD Asset increased by 21% thanks to equity market in-addition to regular salary income. Manage to consolidate some of my cash to Fixed Deposits which provide quite good 1.4% returns to my surprise. I have been neglecting them .... . With reduced Cash level at 3.8% of Net Worth (see chart) this is probably the minimum I would go for now. There is some timing involves to support Housing Loan payments with added buffers of-course for emergency needs.

With Saving amount hits absolute base line level needs, near and mid term future funds from Salary and Portfolio probably can now be put more into active service or likely building up the warchest further as in Fixed Deposits.

Cory Investment Portfolio YTD increased by 18.4%. Which roughly tally with the profits recorded this year with a little cash injection to top it off. At this point, maybe I should let the fund runs.

Cory

2019-1014